TORONTO -- (MARKET WIRE) -- January 15, 2007 -- Sakha Enterprises Corporation (PINKSHEETS: SAKH) is
pleased to announce that it has opted to use Caterpillar's state-of-the-art
forest harvesting equipment exclusively on its forthcoming Yakutian Timber
Harvesting project in eastern Russia. Caterpillar Inc. has developed
equipment and systems that provide leading edge forest management practices
and harvesting systems that focus on those key aspects of forest production
that form the core of Sakha Enterprises' planned operations -- sustainable
development, long-term planning and ecosystem diversity while maximizing
timber recovery and productivity. This world-leading company's forest
harvesting equipment is designed and built expressly for these purposes.

THE YAKUTIAN PROJECT

Through the impending acquisition of a Russian forest products company
having extensive, largely untapped timber rights in the region, Sakha
Enterprises intends to ramp up production rapidly to take advantage of the
opportunity to export large volumes of timber to Asian markets,
particularly China. Additional project details will be available on the
Company's forthcoming website, currently under construction.

CATERPILLAR COMMITMENT RECEIVED

Sakha Enterprises has received a letter of commitment from Caterpillar
World Trade Corporation, a Caterpillar Inc. Global Marketing subsidiary
that will provide the necessary equipment and services for the project
under an agreement whereby Caterpillar will take payment-in-kind: i.e. it
will receive a portion of the Company's timber production. This arrangement
satisfies Sakha Enterprises' needs for near- and middle-term financing, and
puts the Company in a great position without having to incur debt or dilute
equity. The Company anticipates signing a formal contract with Caterpillar
in the near future.

AN EASY CHOICE

"In light of this supplier's superior line of timber harvesting equipment
and services, its world-leading status in the industry and reputation for
dependability and, critically important to Sakha, its programs for
assisting start-up ventures to get the equipment they need to commence
operations as quickly as possible, Caterpillar was, in the final analysis,
an easy choice." ... Franz Dobnik, President -- Sakha Enterprises.

In compliance with the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995, Sakha notes that statements contained in
this announcement that are not historical facts may be forward-looking
statements that are subject to a variety of risks and uncertainties.
Accordingly, Sakha wishes to caution readers of this announcement that its
future actual results may differ materially from those that any
forward-looking statements may imply. There is no assurance the
above-described events will be completed. There can be no assurance of the
ability of the Company to achieve sales goals, obtain contracts or
financing, consummate acquisitions or achieve profitability in the future.